EURUSD Preparing for Significant Movement...

20 Jan

EURUSD Preparing for Significant Movement Ahead of Trump's Inauguration

The price is near a strong zone, with discussions about price parity ongoing. The market is primarily focused on Trump's Inauguration as President and the decisions he may make this week.

The USD is already strong, but the next price direction will depend on Trump's decisions and their long-term impact on the US economy.

I have outlined both scenarios that EURUSD may face in the coming days.

You may find more details in the chart!
Thank you and Good Luck!

❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️

20 Jan

Trade aktif

EURUSD Breaks Out from Bullish Pattern, Increasing Chances for a Larger Bullish Wave

The market reacted against the US dollar following the news that Trump won't impose tariffs on his first day, as reported by WSJ. The market is moving against the USD.

The USD was in extremely overbought conditions across many currency pairs.

21 Jan

Catatan